Axon Stock Rebounded After a Sharp Selloff. Raymond James Still Sees 61% Upside

Key TakeawaysAxon stock rebounded nearly 10% from its October 19 close but remains approximately 45% below its 52-week high. Raymond James maintained its Outperform rating but lowered its price target to $675, implying approximately 61% upside from Axon’s October 23 closing price.